Danfoss Expands In Electrification, Again

Danfoss, which has made a series of recent acquisitions in the electrification world, has now added AXCO-Motors, Lappeenranta, Finland, a manufacturer of adaptable direct-drive permanent magnet motors and generators primarily for gearless industrial applications from 250 kW and up to 6 MW. AXCO-Motors applications include maritime vessels and a variety of off-highway vehicles, which parallels Danfoss’ profile in this area. AXCO-Motors will be integrated into Editron — a business within the Danfoss Power Solutions segment.

“This acquisition is another commitment to broaden our mobile electrification capability as a core competency for Danfoss. It gives us the total package for serving our global markets with optimal solutions, and fully supports our customers’ needs — regardless of the chosen technologies. This will enable further growth in the markets we serve, and I’m really looking forward to welcoming the highly experienced and knowledgeable team from AXCO-Motors,” said Eric Alström, president, Danfoss Power Solutions.

 Kimmo Rauma, vice president, Danfoss Editron said, “Several of our markets, such as off-highway, marine and distribution, are being challenged to reduce emissions and pollution. Mobile electric solutions are a highly relevant technology to this challenge, and AXCO-Motors is the leading expert in the large-scale power range up to 6 MW and thus an important and complementary technology to our current product range, and our mission to end pollution.”

Danfoss’ move down the electrification road started with the purchase of in late 2017 of Visedo Oy, also ironically in Lappeenranta, a manufacturer of hybrid and electric drivetrains from 30 to 2000 kW for marine, commercial vehicle and off-highway applications.

In July, Danfoss added, the Remote Control business, from the Spanish company Ikusi – a provider of telecommunication networks and wireless remote controls.